How Do I Start Investing in the Philippine Stock Market

In the BusinessCoach’s How to Invest in the Stock Market seminar I attended last April 16, 2011, Jay G. Peñaflor, a Philippine Stock Exchange Sr. Market Education Specialist, told us participants that getting started in the stock market is a simple process. He revealed to us the four-step process and i.e:

1. Choosing a stockbroker or trading participant.
2. Opening a stockbrokerage account.
3. Placing order to buy best stocks or sell stocks either online or by making a phone call to stock broker.
4. Monitoring and keeping tract of investments.

How do I Choose a Stockbroker?
Mr. Peñaflor told us that there are over 100 licensed stockbrokers accredited by the PSE. Our choice of stockbroker should depend on the type of service we will require and who will best suit our needs. The types of stockbrokers can be classified into Traditional and Online (via Internet).

Traditional brokers are those who assign a licensed salesman to handle our account and take our orders via a written or through phone call.

While Online brokers are those whose main interface with their customer is through the internet. Clients execute their orders and access market information directly online.

Stockbrokers vary in the range of services they offer and the types of customers they serve such as:
*Handling institutional or corporate accounts versus individual retail customers
*Providing advisory services
*Providing research and analysis
*Providing investor education seminars and market briefings

Mr. Peñaflor said that we can get a complete list of accredited stockbrokers of the Philippine Stock Exchange either by visiting www.pse.com.ph or contacting the PSE at (632) 688-7600.

Learn Who are the Stock Market Participants >>>

 

If you like this Early Retirement Investments post, please share to your friends on Twitter, Google+ and Facebook. I appreciate your click in any of the three elegant social media buttons below.

One Best Way to Invest Money With Good Return on Investment

Investing in Stocks — I attended BusinessCoach’s How to Invest in the Stock Market seminar last April 16, 2011. The speaker, Jay G. Peñaflor, a Philippine Stock Exchange Sr. Market Education Specialist and who is also a Certified Securities Specialist (CSS), revealed to us attendees one of the best ways to invest money. And that is investing in the stock market.

The San Beda College faculty member said that history has proven that investing in stocks over the long-term provides greater returns and protection against inflation than other fixed-income instruments, such as savings accounts, time deposits, government securities, and bonds.

I learned from his lecture that stocks are shares of ownership in a corporation. When I buy stocks of a publicly listed companies like Jollibee Foods or Philippine Long Distance Company (PLDT), I become a stockholder or shareholder of these profitable companies. As an owner, I can participate in the Philippine’s leading food and telecommunication company’s growth and future profits. Though, I may also lose money if these companies suffer losses or perform below market expectations.

Where I can buy stocks? Well, it’s in the Philippine Stock Market. It’s the place where investors can buy and sell stocks of publicly listed companies in the Philippine Stock Exchange (PSE)

Mr. Peñaflor adviced us all 10 participants of that day to invest in the stock market because it’s one of the best ways to invest money. For it’s possible to get 50% return of investments even in 1 day. But as a stock market beginner, I need to be careful and become an intelligent investor. Like in business, it’s better to start small. Maybe P5,000.00 a month and learn the nitty-gritty side of compound investment.

As a new stock investor,  I should study first what’s the best stocks to buy that I can sell when I hit my target return on investments or hold on for a long-term investment to gain long-term dividends.

Additional post to read: How You Can Make Money in the Stock Market >>>

If you like this Early Retirement Investments post, please share to your friends on Twitter, Google+ and Facebook. I appreciate your click in any of the three elegant social media buttons below.